Website Showing How Much People Lost With Celsius Now Live

Website Showing How Much People Lost With Celsius Now Live
  • A website showing how much each Celsius customer has lost with the bankruptcy has gone live.
  • Many people expressed dismay over the gross breach of customer trust.
  • Celsius is planning to sell its assets on October 20 via auction.

It appears Celsius’ nightmares are not going to end anytime soon. Recently, someone created the website, which displays how much each Celsius customer has lost in US dollars.

According to the website, the person who lost the most is Jacob Benjamin Fite. Upon a quick Google search, there were a couple of leads with the same name, although there is not a clear match.

The website caused noise in the crypto community, with some prominent people pointing out the gross breach of customer privacy.

For those who were uninitiated, the customer data came from the bankruptcy filing that Celsius submitted to a US court. CNL wrote an article regarding the filing, where popular stocks and crypto trader Gurgavin Chandhoke broadcasted the existence of such.

What is worse, Alex Mashinsky and Daniel Leon, who were Celsius’ CEO and CSO, respectively, were alleged to have withdrawn more than $17 million before the embattled firm filed for bankruptcy.

In addition, Celsius has already admitted to the public that it had shared sensitive customer information with a third party. However, it was only recently that this was proven true.

This may not help out with the bankrupt firm’s intention to auction its assets on October 20. Earlier, FTX expressed its interest in buying Celsius. 

At the moment, Celsius’ native token CEL is continuing its downward trajectory and is now only worth $1.06 per piece. This translates to a price crash of 20% in the last 7 days.

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Jesus covers news related to the crypto space in Asia and in Australia, although he follows the latest events in the US and Europe as well. He is most interested in the blockchain gaming and regulation aspects of the industry.